World affairs are often volatile. The Japanese stock market fell again this month, setting its worst one-week high since the 2008 global financial crisis. Japan is not alone in its low performance markets. However, globalization has linked countries through a variety of elements. Financial markets are no exception. This article examines the problems of change in the global environment and discusses the merits of change agents in today’s organizations.
Change for organizations comes in many forms. In the Harvard Business Review, author Rod Ashkensas presented a framework for dealing with change. “It simply came to our notice then. But we really know. how to make discrete changes. ” The main type of change in organizations can be classified as ascending (gradual) և disruptive (radical). The incremental change can be defined as “a small adjustment to the final result”. Managers are either aware of the change or have sufficient notice to be able to respond in a controlled predictable manner.
With increasing change, organizations can make slow, systematic improvements. If you think about Whirlpool և its devices, the individual will have a good idea of how organizations respond to gradual change. Customers wanted their devices to reflect the changes in society. Given this reality, refrigerators have shifted from the basic colors of white to more unique color combinations. Electronic technology is included in the production of Smart devices. Companies now have plenty of time to respond to consumer demand. Disruptive change does not give organizations such a generous response period.
A disruptive change is one that leads to the failure of large companies and the dismissal of respected CEOs. Organizations can not afford to misunderstand this type of change. Unlike incremental change, which can have some predictability, disruptive change can be classified as unpredictable, irrational, or unstable. All of these adjectives mean higher risks for organizations. Disruptive change speaks to the changing nature of our society. Young adults feel comfortable with their technology. We live in an instantaneous society that wants everything now. Disruptive change can provide a market advantage.
Harvard Professor Clayton Christensen, author The innovator’s dilemma, coined the term disruptive innovation to describe how innovation transforms an existing market or segment by presenting it in a simple, convenient, affordable, affordable way to customers. In fact, the product և service is quite inferior to the product or service of the status quo. Disruptive innovation is an innovation that creates a new market և value network և, ultimately disrupting an existing market և value network by displacing established market leaders և alliances. One of the most challenging innovations in modern education is distance learning. Traditional universities have tried to ignore the model only with modest initiative. Phoenix University, a non-commercial higher education institution with more than 100,000 students և 112 world universities, is slowly overtaking the education market. Whether the university has been criticized for its business practices, lost students, no one is saying that the innovative strategy of distance learning և treating students like customers is the wrong model.
Globalization, with all its wonders, poses a threat of disruptive change. Organizations need leaders who are agents of change at this time in history, not just managers. Dr. Christenson notes the failures of large companies like Sears in the face of unforeseen changes. “As we will see, the list of leading companies that failed when faced with disruptive changes in technology and market structure is long … One topic is common to all. One of these failures, however, is that the decisions that led to the failure were made at a time when the leaders in question were widely regarded as one of the best companies in the world. ”
What is a change agent? A change agent is one who “helps the organization transform by focusing on issues such as organizational efficiency, improvement, and development.” The change agent has a high internal change rate. That reality means that this man is being pushed out from inside. In times of adversity, that individual has enough inner motivation to overcome external forces. Os Hillman, author Agent of change. Engage your passion by being the difference, claims that change agents are special people.
In order to change the culture, Hillman mentions that the individual must be special. “It takes less than 3-5% of those working on the top of a cultural mountain to actually change the values on that mountain.” Many organizations are mired in tragedy and need a change agent to carry them out. In many organizations, significant changes do not occur from the bottom up. The following are the characteristics of an effective change agent in a global environment: (1) courageous, (2) morally sound, (3) global mindset, (4) visionary, (5) strategic, (6) adaptive, (7) relative, և (8) committed.
Therefore, government leaders must be agents of change in their organizations. Unfortunately, many executives are reluctant to invest their time in developing and promoting change agents in their organizations because of concerns about their shareholders and financial experts. As change continues to be faster and more unpredictable, today’s organizations need to equip themselves effectively. They must accept the recruitment and development of change agents within their organizations.
© 2016 Daryl D. By Green
This work is licensed under the Creative Commons Attribution-NoDerivatives 4.0 International License.